Farmland reform may add 1.6 pct to Ukraine's annual GDP: WB official

Contributed by NAMPA / Xinhua.

KIEV, May 17 (Xinhua) -- The implementation of a farmland reform could increase Ukraine's gross domestic product (GDP) growth by up to 1.6 percent annually, local media reported Thursday, citing a senior World Bank (WB) official.
Satu Kahkonen, the bank's country director for Belarus, Moldova and Ukraine, told reporters in Kiev that the opening-up of the farmland market may generate between 700 million U.S. dollars and 1.5 billion dollars for Ukraine's budget per year.
"It would allow Ukraine to ...